Member Info for wordog

Money shifting from BOR and FOGL to here maybe?

Mkt Cap equivalent to cash now. Buying opportunity below 2p. Hell, I might even buy back in at this price.

Here it comes...

Looks like you were right mate.

-16% with a 17.4%!spread, it doesn't really encourage any buyers really.

delayed sell maybe.

If they find what's expected then a 10 bagger will take them upto the pre Humpback FOGL mkt cap. I think that's the top end of what's to be expected but I'll be happy with 30p.

The rig which drilled the Humpback well will be released to another operator before returning to Noble Energy to spud the Rhea prospect in late 2015 or early 2016. Located in the Northern Area License offshore the Falkland Islands and approximately 265 miles from Humpback, Rhea is in a proven petroleum basin near existing oil discoveries. Rhea is a Cretaceous-aged prospect with multiple reservoir targets and total estimated gross mean unrisked resources in excess of 250 million barrels of oil.

Although I believe that Humpback, if successful, may bring a temporary rise in the long term I in no doubt that a farm in will not be until later next year. I'm happy that BOR have enough cash to sit it out but I believe there are investments on my radar that will provide more short term gains. If my strategy pays off and I recoup my losses here I may well have another punt in the new year.

Well after a year holding onto these shares in the hope of a farm in I have sold up and moved onto pastures new. GLA.

You just created this profile to post that? Seems a bit odd.

There is plenty of evidence to suggest you are right.

Well its Tuesday 0700 plus 24 hrs. No RNS.

Result due any day now. What are peoples thoughts on how the news, either way it goes, will affect the SP?

Are you trying to compete with Borgo?

You forgot to mention 50p

Tough one to call. The Saudis are burning cash at a ridiculous rate at the moment, they can keep it up for a while but their reserves are diminishing. On the other hand I doubt they will be too happy about Russia's recent intervention in Syria in support of the government/Shia alliance.

Seems to be recovering, if this Is sustained the chance of a good deal in the next 12 months will get stronger.

Got a few last week to average 7.5 now. Happy to hold until spud.

Humpback has pushed the Rhea drill further right into Christmas. The less patient among us are selling up?